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Elon Musk and SolarCity unveil ‘world’s most efficient’ solar panel


Stashed in: Energy!, @elonmusk

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Peter Rive, SolarCity's co-founder and CTO, told Mashable in an interview that the new panels are sufficiently cheap to produce that they will allow the company to continue to make money off of them even if government policies to provide tax breaks for panel installation expire.

“That’s been the singular focus of the company… to continue to get the costs down,” Rive said.

“I’m really excited about this… it’s the best solar panel on the planet and it empowers us from 2017 and beyond to control our own destiny,” he said.

Getting the costs down helps Tesla (cheaper charging stations) and SpaceX (for Mars mission) too.

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